Posts Tagged ‘profits’
Still Short Heavy and Starting To Pay Off
I’m still short (heavy since 8-14-10 close). Today I panicked a little bit and closed out my FXP, FAZ, and EDZ with the morning pop. I also sold VXX as well, but I didn’t tweet it. Losses were all small in FAZ, VXX, and some EDZ positions that were bought late Friday. However, I had …
I Hate Planting My Flag In The Sand
I hate planting my flag in the sand like this when its wrong. So far the NDX is up a whopping 1% from last Friday which is where I started laying into this short move. My options are a different story. Major decay going on there. I did add to my QID calls this morning …
Twittered The Trades
Sold FAZ to avoid the split/morning bounce tomorrow. Sold ERY and took profits there. Despite the late session rally, I made money in the RUT with 2% and SPX at less than a .50% gain. Other winners, FAZ, ERY, SRS, EDZ I will look to buy back FAZ, maybe ERY, increase EDZ position, or do …
I Want To Know How Many Stock Bloggers Are Quitting Today
I’m getting rolled over today in my position. Going long at the exact wrong time, but I’m not done. I’ve just lost profits and with today’s down move I’m cutting into core money now. I feel terrible for anyone caught in this – including me. If there are any stock bloggers that are quitting, it …
Dow Falls 777 Points, StockRake Avoids The Meltdown
With this historic day, I’m happy to say I avoided it. In fact, I profited a little bit too. Like I said on Friday, “Seriously, my year has been phenomenal already, up near 30% while the rest of the market is down -20%+. The prudent thing for me to do is cash out and wait. …
